Showing posts with label Chancellor George Osborne. Show all posts
Showing posts with label Chancellor George Osborne. Show all posts

Wednesday, March 16, 2016

Sugar tax surprise in Budget - but growth forecasts cut

Chancellor George Osborne has unveiled a tax on the makers of sugary soft drinks to tackle childhood obesity.

George Osborne
He revised down the UK's growth forecast in his eighth Budget and sparked controversy by warning of the risks to the UK economy of EU exit.
He said the UK was "well placed" to handle a "dangerous cocktail" of global economic risks if "we act now so we don't have to pay later".
Labour said it was a Budget with "unfairness at its very core".

Other Budget announcements include:

Jamie Oliver
TV chef Jamie Oliver was pleased to hear the sugar tax announcement

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